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Search Results 0 to 49 of about 84 (some duplicates have been removed)
of what could b a change instance on part ofery, very worried republicans, saker boehner, meeting with the core group sang, you know elec eelections e consequences, might as well stay in line. is it over? is the revolution on went the republican ranks? to rich edison in washington dc on the other story of this fiscal cliff still pending, rich? >> house republican leaders are discussing an overhaul of tax code, lower rates, fewer deductions, a new system that generates more revenue. for some republicans, that ququququaly z asss aaxnce i i in th re cut is too stingy, any housing or senate republican decenters to bain are' boehner's are relatively quiet. he fuses to box himself in. and so far his conference in public is letting their boss negotiate, some republicans are publicll acknowledgi wealthier americans will have to pay more in a new tax system, they may get lower rates but withewer deductions they will be sending more money to dc, it is how how sell this those paying more in general because of a new tax system is a different definition. neil: better be careful what you wish f
. what struck me yesterday with john boehner he was saying as we approach the fiscal cliff, boehner was saying yesterday that the bottom line for republicans after this election is the same as it's been for 22 years. that is, that any kind of income tax hike, especially for the wealthy, is off the table for them. do you have a sense of what the white house is thinking is on the table? we approach january 1st. is it that they are really eager mainly to strike a grand bargain they can sell as a major bipartisan achievement? is the idea of fighting past january 1st if necessary to get rid of the bush tax cuts for the wealthy americans more of a priority for them? >> no. i think they want a deal if they can get it. you're right to listen closely to john boehner, because what he had is he'll accept some revenues in the context of tax reform, a big, wonderful, fuzzy nebulous idea. what he won't expect initially is a change in the rates. of course, that's what it's about. it's about the rates for the highest income earners. and that's where john boehner is refusing to start out in the nego
and house speaker john boehner are advocating compromise, yet sticking to their guns on taxes. again, chief white house correspondent ed henry. >> even as president obama suggested the campaign is over by inviting congressional leaders to white house for fiscal cliff negotiations next week -- >> it is time to get back to work. >> he left the impression the campaign continues as the white house invited 200 supporters to the east room. for what republicans dismissed as a rally. >> we can't just cut our way to prosperity. if we're serious about reducing the deficit, we have to combine spending cuts with revenue. that means asking the wealthiest americans to pay a little more in taxes. >> the president's first public comment since election night came less than two hours after house speaker john boehner said yet again today he is ready to deal. >> this is an opportunity for the president to lead. this is his moment. the president claimed one for his plan. the spending cut mixed with tax increases. >> i want to point out this was a central question in the election. on tuesday night, we found out
armageddon. i guess first signal came for john boehner who was open to revenues, b that, taxes, let the kabuki theater begin. >> it did. you know hours after president obama secured reelect, top congressional democrat, harry reid reaffirmed democrat tax agenda, those makg more should pay more. >> people who make more than a million dolrs a year, the vast majority of them are happy to pay that. only place that people disagree are republican in congress. >> repter: he and democrats, namely the president, want a tax increase on families earning more than $250,000 a year, reed hemmed a series of votes this year on only income of more than a million dollars. meanwhile, house speaker john boehner unprompted said that republicans are willing to spam examine more tax revenue. >> for the purposes of forging a bipartisan agreement that begins to solve the problem, we're willing to accept new revenue under the right conditions, what matters is where the increased revenue comes from and what type of reform comes witht. >> reporter: those conditions broad-based individual tax reform, republican
john boehner say that already. we have had votes in the senate where we have gotten rid of tax credits. i think that's given and the vast majority of the americans agree with that. the question is, how do you do that and how do you allow taxes to rise? at the same time, you fix the real problem and the real problem is uncontrolled entitlement spending and a government that has grown massively, not just under this administration, under republican administration. so, you have to approach both sides of it. >> let me turn to senator schumer. i will ask you the same question. if the mandate is compromised what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. i think if the house stands for anything it is cut government spending, as tom coburn said, and i think we have to do more of it. we heard the mandate 2010, where it was a clear mandate you cut spending and we did, we cut $900 billion in spending that we didn't like, painful to us. but there
the excesses' of your first term. john boehner seemed more open to the idea of allowing more revenue, the rate increases on fiscal cliff issue. i think the president, and i know his left wing, is certainly holding him to the pledge on the campaign trail that he will let the proper rate expire at the end of the year and intends to hold his own in arguing for that. host: margaret talev, that brings up the mandate question. does he say what george w. bush said, i have political capital and i intend to spend it? guest: if you have it, use it, or what other people say it for you. right now, president obama's game is not to come out of the box, acting takeda, and give republicans -- acting cocky and giving republicans an idea -- a reason to want to stick it to him. he is saying let's get this done. that is what he is serious about, there is no reason to set yourself up as having more leverage than you do. host: margaret talev, and the go to this headline in bloomberg. what does he do on his health care law, if anything? guest: so, it really is a little bit of the congress, and this will play out in
stepped all of them. so now we know and we lettered it first hand yesterday. boehner said we're open to tax increase, but part of a bigger plan that involves spending cuts. dove did a bungee -- >> worst thing i ever did. >> but it goes down and then right back up. >> the worst part is you feel like you're connected on something, but don't. it's a free fall until the very he said and then he start to feel like i'm connected to something and it throws being back into the air. >> my question is let's say that it's not a bungee, let's say it's a rope. so you jump and then you -- that would be like hanging yourself. but you do possibly survive. but then you're all the way down there and then you don't know when someone's going to pull you back up. i think it might be more like that. if we go down, we may be d dangling for a while. >> once we go over the cliff, it's much more complicated. and you get rope burns, too. >> you can it. well, that's if it's not stretchy and it's just a rope,s's more than a burn. then you actually -- they pull you back up, but you're dead. and that could happen,
working across the aisle. yesterday john boehner said he would work. and harry reid mentioned he likes to dance but can fight. >> the american people have spoke yen they reelected president obama and again a republican majority in the house of representatives and there is a man date in yesterday's results it is a man date for us to work together on the solutions and challenges that we face as a nation. >> the american people us to work together . i know how to fight and i know how to dance. i don't dance as well as i fight but i would rather dance any time. the way to get things done to work at this time. we need republicans to help us. i repeat to have the leader of the republicans in the senate say his number one goal to defeat obama and that's how we legislated. >> steve: that was two days ago. come on and smell the poll results. say we hold a majority in the house of representative and so we have a man date as well >> gretchen: this is what the american people are so tired of. listening to the back and forth and back and forth and nothing gets done. nothing gets done. if you want m
the pipeline. mapped door budget cuts kick in in 54 days. house speaker john boehner says it is time for the president to lead. here he is is talking about that. >> mr. president, this is your moment. we're ready to be lead, not as democrats or republicans but americans. we want you to lead, not as a liberal or conservative but as president of the united states of america. we want you to succeed. bill: stuart varney, anchor of "varney & company", fox business network. the issues on the table are the same issues as monday. we want you to succeed by the way. what did you hear or what are you hearing based on the statements out of the washington now? >> three statements to listen to very carefully. speaker boehner, senate majority leader harry reid, and the big union boss, richard trumka. if you add them all together, tell you exactly what they said in a moment, add them all together the outlines of a deal would look like this. this is on the fiscal cliff. the outlines would possibly look like this. raise taxes, certainly raise tax revenues right now, beginning next year. promise to cut
? john boehner indicated, revenue is possible, but we're not raising tax rates. where is there compromise? >> i think where there's going to be a compromise on taxes, this be would be a good thing on the economy, might exchange lower tax rates in return for a reduction in all the loopholes that as it is distort economic activity. so if boehner were able to achieve that kind of compromise, that's one that the republicans could be pleased with. the bush tax cuts are gone, they're expiring, and the president said that 250,000 below, he wants that extended, but for those making more than 250, will the bush tax cuts come to an end? >> i don't think so. i think actually the they won't come to an end because the democrats don't want major reduction in spending, if you hit the cliff, the spending would go down and politicians love to spend money. an extension of the bush tax cuts, less we're blessed by the relatively few, jeff baso, the late steve jobs, you want to remove the barriers to their production, not raise them. >> mike: john, we're not going over this cliff, are we. >> there's no way we
seize the feature together. >> you have speaker boehner. >> let's do the right thing together for our country. >> you have to do this. >> i have never been more hopeful about our future. >> i know a lot of you are already on my side. >> i have two strong words for you. >> fiscal cliff. >> come on. >> oh, okay. all right. >> the fiscal cliff clock ticks on. >> it was the most expensive political election in history. >> i big, fat, zero. >> some soul searching about the featu future of the party. >> you think i do this night after night for your amusement? >> how do you repay me? >> four more years of hope and change. >> today republican ares battled with republicaned over why they lost an election they were sure they were supposed to win. we know they will never figure it out. today was the president's first full day at the white house. >> in the coming weeks and months i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together reducing our deficit reforming our tax code fixing our immigration system and freeing ourse
-like reaction, not a cliff-like reaction, and the leaders of wall street will help john boehner to make a better deal rather than pressuring him to make a deal that's bad for the economy and the fear that we don't get a deal will lead to getting a deal because the pressure correctly applied. >> the issue here is will we go over the cliff? i stopped saying cliff. sorry. okay, okay. but i think the question is do we get to the grassy gradual slope or not and then level roonlg. this is the first time since 2010 that's obama's had the leverage with republicans and saying there, you mentioned that poll yesterday adding to the leverage because, voters, you think to go over this so-called cliff and referring to the nervousness. who will you blame? >> republicans. >> republicans. that's more leverage of obama on that question and look at. yeah, he didn't draw that red line as krystal said at the beginning but as close to be an absolutist for incomes over $250,000 as he can be. this is an issue that he ran on. this bothers him ruled by republicans two years ago and taxes are not where they should be hist
uncertainty despite the president's comments and john boehner's comments. cheryl: we're looking at what we've been seeing over the last couple of months and you are saying kind of be prepared for that. a lot of the guests have come on and said you know, there's problems with earnings, but also you can't ignore that spike to the down side after the election. what did you make of all of that last week? what did you read into that? >> well, i mean, heading into the election, there was a lot of sentiment that the the market, the financial markets would have preferred a republican winner. cheryl: sure. fiscally more responsible if their view. -- in their view. >> correct. there's a few there's a lot of financial regulation presently and more to come. a lot of that at least from professional investors is probably where they were on wednesday. cheryl: they were waiting to see. >> i think that's going to settle off. i don't think you will see 300 point swings. you might see back again -- i'm quoting that period of july and august 2011, you could see 100, 150 on any given day, maybe a little bit ou
of the white house at 1:05 eastern time. you can of course catch all of it right here on cnbc. john boehner is also scheduled to hold a you news conference today, as well. st. louis fed president james bullard is saying the u.s. economy is strengthening. but he's cautioning that leaders must tackle the looming fiscal cliff. a conversation we can't get away from. speaking in missouri yesterday, bullard also says he doubts the central bank will extend a bond maturity extension program that expires at the end of the year. bullard is not currently a voting member, but he will ebb in 2013. and china's national congress continues with new leaders for the communist party set to be named later this morning. today a rising star said the party is moving towards requiring officials to their their assets. so an interesting piece in the chinese business press this morning. >> we have been talking about the fiscal cliff and -- >> we have? >> and yesterday somebody tweeted a new drinking game. every time they say fiscal cliff, you drink. they're right, but it's absolutely what matters. >> look at the stoc
election? >> no, not at all. in fact, after election day the president, speaker boehner, senate ma minority leader mitch mcconnell all talking about the facecle life, what they were going to do, not going to do, what they wanted to negotiate, not negotiate, but on friday, as news exploded out from the cia thanks to our own andrea mitchell that the president accepted the resignation of the cia director, general david petraeus, all of that -- you have to add that plus all the things you talked about, fiscal cliff, to what the president has to deal with. as you said, no honeymoon, indeed. >> and added to what jonathan just said, julian, there are some concerns over this that this is just the tip of the iceberg. i want to play you something senator feinstein said to andrea mitchell this afternoon. >> this thing came so fast and hard. since then it's been like peeling an onion. every day another peel comes off and you see a whole new dimension to this. so my concern has actually escalated over the last few days. >> it's clear she's suggesting this is going well beyond the realm of a personal mat
into hands because we are sick of it. and, you know, what i would like to tell john boehner is don't give in to this craziness. this is nothing but craziness. and i watched harry reid yesterday. you know, he talked and he talked and he really said nothing. then he went on about dance, dance, dance and i thought to myself all you do is dance around with these bills that they send. the house will have a bill, they send it to the senate and what does he do? dances around it and never addresses it. >> host: know by partisanship than for you? >> caller: no, absolutely none. then when he left the stage and was walking off, the man -- i feel bad for him that he just can't get it together -- he grabbed ahold of the flag. he was falling. then he grabbed ahold of low wall and at that point i said uh oh that man needs to go home. he's too old to be there. he doesn't do his job and is collecting a big paycheck. >> host: we covered that news conference. you probably watched it on c-span, go over to the site, c-span.org if you want to watch the entire press conference with senate majority leader harry
with the republican speaker john boehner signaling he may be ready for a deal. so conservatives are warning while the president does not have to face the voters again, congressional democrats will in two years. tax hikes could come back to haunt them. >> i think he is going to require increase in tax rate on wealthy. that is his downfall. that is just makes no sense whatsoever. the wealthy are the people who hire everyone else. you can't love jobs and hate job creators. >> white house officials note the president campaigned on raising taxes and he won so he thinks he can sell it to the congressional democrats. meanwhile, the white house officials tonight say he will make the first post-election statement at the white house. tomorrow afternoon, talk about the economy, fiscal cliff. it doesn't look like he will take questions, not a full scale. post election news conference, though. it may be coming soon. >> bret: we'll cover it live on fox. thanks. what is the most pressing issue right now for president? let me know on twitter. follow me. @bretbaier. we kept you well fed with steady diet of polls
know, in a significant way. >> reporter: house speaker republican john boehner seemed to signal he gets that. >> we're willing to accept some additional revenues via tax reform. we're willing to accept new revenue under the right conditions. >> reporter: but anti-tax conservatives are jumping in to clarify and warn the speaker not to buckle. >> boehner's position is exactly where it was a year ago, two years ago, four years ago. don't raise taxes, have pro-economic growth policies and the government will get more revenue. not from higher taxes, but from more people working. >> reporter: it sounds like the same old fight. democrats hope the gridlock's been broken by barack obama's reelection. but in an associated press exit poll on tuesday, voters nationwide bought both parties' arguments about half saying tax the rich more, shrink government and cut spending. i'm steve handelsman, news4, capitol hill. >>> thanks, steve. how prepared was mitt romney to win the presidency on tuesday? his campaign team had already designed this. a website for his transition. the site was taken down. but it
obama sits down with can john boehner to help save our country from recession. how does that go. >> raising tax rates is unacceptable and frankly couldn't pass the house. >> so will they be able to compromise and how will they do this? your second amendment rightts at risk. what the president just signed that has many people worried. >> steve: we'll be right back. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today, jason chose aleve. just two pills for all day pain relief. try aleve d for strong, all day long sinus and headache re
back and forth. you had boehner's position from the -- >> i don't want to anger the viewers, you but i think they're looking at obama's words the same way they look it at the polls with the kind of sense of here's what i want to believe. >> if they lose, do they go along with that and say we will accept that or do they push it over the fiscal cliff. you have people on the right and the left who are saying go over. >> in the press conference yesterday, my read of what obama said was we're raising the rates and we're put a structure for eliminating entitlements. >> correct. but if we're talking about rates, if you were playing joe, you would hear that the argument would be that this will never actually work. republicans won't go loochialon it. so some people were suggesting maybe there is a way to do 35% and get rid of deductions. >> but remember was it geithner on -- today is thursday. so this would have been tuesday. he said people are diluting themselves to think we can get where we need to get with loopholes. and i don't know about the right max, but my understanding is i don't think
boehner immediately saying he generally supportive of trying to close the loop holes. do you see that as raising taxes? >> what boehner said and in the republican position since republican we should reduce rates have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was growing the rate reagans did more americans would be at work. in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do you think that those four points will go in negotiations with the republicans? >
to doing the attempt at the grand bargain with john boehner. he thought he was going to get that. i think when boehner pulled back and could not deliver a single republican vote for a tax hike, i think that was instructive for obama that these guys are never going to cooperate for me particularly on taxes. there's a much more pop pew louse tone. my guess, this is a guess, but my guess is this is a bottom line issue to him. it bothers him. it really bothers him how they behaved with the debt ceiling. he looks at this as it's not going to happen again. all the tax hikes and cuts will go away and i can propose the obama tax cut for 98% of americans. >> it's interesting. there is this other place where i buy that the press is a process president and would argue for it on domestic politics. he is a a different duck in the foreign policy land. many liberals would have a critique of some of his lack of process in some of the foreign policy stuff. is part of what he's saying that the recalcitrance of the republican house might bring out that aspect of president obama? >> well, i think there are t
. today, the house speaker john boehner told diane sawyer on abc that tax increases cannot be part of a deal. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> shepard: speaker boehner says is he willing to talk about the president's proposals. ed henry is live at the white house for us tonight. ed, what are we expecting to hear from the president tomorrow? >> we are told that he is going to speak really for the first time substantively since the election and that post election party tomorrow about 1:00 p.m. eastern here at the white house. is he going to talk about the economy broadly but specifically the fiscal cliff. what he is willing to do to move forward and with negotiations on capitol hill. as you say, this could have a massive impact on our economy. there are these major spending cuts kicking in on january 2nd. you have the bush tax rates expiring at the end of this year. so that could mean tax hikes for millions of americans. you can seat markets reacting in a very negative way over the last coup
Search Results 0 to 49 of about 84 (some duplicates have been removed)

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